EGPC Bids Committee Approves Most 1995 Bid Offers
The Bids Committee of the Egyptian General Petroleum Corporation (EGPC) has been meeting to consider the offers received on eight blocks out of the ten put up for tender in the 1995 bid round (MEES, 8 May and 16 October). MEES understands that three offers were approved outright. One was submitted by Teikoku Oil of Japan for the 22,000-sq. km. Salum block, Mediterranean onshore/offshore on the...